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Mathematics, 09.12.2020 02:50 Apple1010

A company has agreed to pay $3.5 million in 8 years to settle a lawsuit. How much must it invest in an account paying 7% annual interest compounded monthly to have that amount when it is due?

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A company has agreed to pay $3.5 million in 8 years to settle a lawsuit. How much must it invest in...
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